Impact Ministries Inc
Impact Ministries Inc. reports zero revenue and assets in its latest filing, indicating potential dormancy after years of fluctuating small-scale operations.
EIN: 203420156 · Circle, MT · NTEE: X20 · Updated: 2026-03-28
About Impact Ministries Inc
Impact Ministries Inc (EIN: 203420156) is a nonprofit organization based in Circle, MT, classified under NTEE code X20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Impact Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Impact Ministries Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Impact Ministries Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all filings, suggesting a volunteer-led organization or that compensation levels are below IRS reporting thresholds, which is common for very small nonprofits.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Impact Ministries Inc's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
- Highly inconsistent revenue and expense patterns over the years, making financial stability difficult to assess (e.g., 2019 expenses $14,763 vs. revenue $4,900; 2020 revenue $2,901 vs. expenses $665).
- Significant negative net assets in some years (e.g., 2016 assets $3,833 vs. liabilities $4,902).
Strengths
The following positive indicators were identified for Impact Ministries Inc:
- Consistent 0% officer compensation, suggesting a volunteer-driven model or very modest operational costs.
- Consistent filing of IRS Form 990s, indicating adherence to basic compliance requirements over a long period.
Frequently Asked Questions about Impact Ministries Inc
Is Impact Ministries Inc. currently active?
The latest filing showing $0 revenue and $0 assets suggests the organization may be inactive or dormant, a significant change from previous years where it reported some financial activity.
What caused the significant drop to $0 revenue and assets?
The provided data does not specify the reason for the sudden drop to zero financial activity. This could be due to a cessation of operations, a change in reporting, or other factors not detailed in the summary.
How does Impact Ministries Inc. fund its operations?
Historically, the organization has relied on varying levels of revenue, ranging from $2,901 to $60,440. However, the latest filing indicates no current funding sources, reporting $0 revenue.
Filing History
IRS 990 filing history for Impact Ministries Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Impact Ministries Inc's revenue has declined by 95.2%, moving from $60K to $3K. Total assets increased by 111.7% over the same period, from $2K to $4K. Total functional expenses fell by 99%, from $65K to $665. In its most recent filing year (2020), Impact Ministries Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $696 in liabilities against $4K in assets (debt-to-asset ratio: 16.5%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $3K | $665 | $4K | $696 | — | View 990 |
| 2019 | $5K | $15K | $1K | $0 | — | View 990 |
| 2018 | $13K | $5K | $11K | $0 | — | View 990 |
| 2017 | $10K | $6K | $3K | $0 | — | View 990 |
| 2016 | $22K | $40K | $4K | $5K | — | View 990 |
| 2015 | $22K | $16K | $16K | $43 | — | View 990 |
| 2014 | $48K | $41K | $11K | $637 | — | View 990 |
| 2013 | $49K | $50K | $2K | $0 | — | View 990 |
| 2012 | $56K | $54K | $4K | $0 | — | View 990 |
| 2011 | $60K | $65K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $3K, expenses of $665, and assets of $4K (revenue -40.8% year-over-year).
- 2019: Revenue of $5K, expenses of $15K, and assets of $1K (revenue -62.2% year-over-year).
- 2018: Revenue of $13K, expenses of $5K, and assets of $11K (revenue +24.8% year-over-year).
- 2017: Revenue of $10K, expenses of $6K, and assets of $3K (revenue -53.2% year-over-year).
- 2016: Revenue of $22K, expenses of $40K, and assets of $4K (revenue -0.6% year-over-year).
- 2015: Revenue of $22K, expenses of $16K, and assets of $16K (revenue -53.7% year-over-year).
- 2014: Revenue of $48K, expenses of $41K, and assets of $11K (revenue -0.9% year-over-year).
- 2013: Revenue of $49K, expenses of $50K, and assets of $2K (revenue -13.8% year-over-year).
- 2012: Revenue of $56K, expenses of $54K, and assets of $4K (revenue -6.7% year-over-year).
- 2011: Revenue of $60K, expenses of $65K, and assets of $2K.
Data Sources and Methodology
This transparency report for Impact Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.